Multiple Choice
Tariffs and import quotas differ. One
A) is a form of protectionism, the other is not.
B) is a tax, the other is a quantity limit.
C) is imposed by government, the other is imposed by the market.
D) is legal, the other is not.
E) increases imports, the other decreases imports.
Correct Answer:
Verified
Correct Answer:
Verified
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